The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with various options to boost your trading to the next level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.